QI SOFTWORKS
ActiveQI SOFTWORKS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €173k and a net result of €-20k. Equity is growing by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 9386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-91
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 19.06 against 33.39 in 2024), and 4.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
56 d late
2023
55 d late
2022
31 d late
2021
58 d late
2020
37 d late
2019
35 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€173k▼ 10.3%
2024 · €193k
2018: €29k
2019: €60k
2020: €99k
2021: €137k
2022: €130k
2023: €158k
2024: €193k
2018 → 2025
Total assets
€181k▼ 8.2%
2024 · €198k
2018: €102k
2019: €90k
2020: €109k
2021: €143k
2022: €133k
2023: €159k
2024: €198k
2018 → 2025
Net result
€-20k
2024 · €35k
2018: €41k
2019: €55k
2020: €39k
2021: €37k
2022: €-6k
2023: €27k
2024: €35k
2018 → 2025
Working capital
€147k▼ 7.3%
2024 · €159k
2018: €28k
2019: €56k
2020: €92k
2021: €130k
2022: €93k
2023: €118k
2024: €159k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€137k-€130k▼ 4.7%€158k▲ 21.0%€193k▲ 22.1%€173k▼ 10.3%
Operating result€48k-€-6k€33k€44k▲ 32.9%€-20k
Net result€37k-€-6k€27k€35k▲ 27.3%€-20k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €20k after €44k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €181k
Fixed assets
€26k▼ 23.5%
Current assets
€155k▼ 5.1%
Equity and liabilities €181k
Equity
€173k▼ 10.3%
Debt
€9k▲ 74.5%
The debt ratio rises from 2.5% to 4.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-12k▼
2024 · €52k
Cash flow
€-12k▼
2024 · €43k
Solvency
95.3%▼
2024 · 97.5%
Current ratio
19.06▼
2024 · 33.39
Quick ratio
19.06▼
2024 · 33.39
Debt / equity
0.05▲
2024 · 0.03
ROE
-11.5%▼
2024 · 18.1%
ROA
-11.0%▼
2024 · 17.7%
Interest coverage
-104.82▼
2024 · 494.37
Debt
€9k▲
2024 · €5k
Debt ≤ 1 year
€8k▲
2024 · €5k
Income taxes
€138▼
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€198k€181k▼
Fixed assets21/28€34k€26k▼
Tangible fixed assets22/27€34k€26k▼
Land and buildings22€2k€1k▼
Plant, machinery and equipment23€30k€23k▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€135€135=
Current assets29/58€164k€155k▼
Amounts receivable within one year40/41€46k€23k▼
Trade receivables40€33k-
Other amounts receivable41€13k€23k▲
Cash at bank and in hand54/58€118k€133k▲
Equity and liabilities
Total equity and liabilities10/49€198k€181k▼
Equity10/15€193k€173k▼
Contributions10/11€19k€19k=
Reserves13€174k€154k▼
Distributable reserves133€174k€154k▼
Amounts payable17/49€5k€9k▲
Amounts payable within one year42/48€5k€8k▲
Trade debts44€582€692▲
Suppliers440/4€582€692▲
Other amounts payable47/48€4k€7k▲
Accrued charges and deferred income492/3-€400
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Other operating charges640/8€302€450▲
Gross operating margin9900€52k€-12k▼
Operating profit (loss)9901€44k€-20k▼
Financial income75/76B€727€645▼
Recurring financial income75€727€645▼
Financial charges65/66B€105€118▲
Recurring financial charges65€105€118▲
Profit (loss) for the period before taxes9903€44k€-20k▼
Income taxes67/77€9k€138▼
Profit (loss) for the period9904€35k€-20k▼
Profit (loss) for the period to be appropriated9905€35k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€-20k▼
Transfer from equity791/2-€20k
Transfer to equity691/2€35k-
To other reserves6921€35k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Weakest financial yearnet €-20k ▼157%
Net result drops to €-20k, the lowest in the series.
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 75.66
Current ratio from 33.54 to 75.66; short-term debt falls from €3k to €2k.
31-12
Financial
Equity above €150kEq €158k ▲21%
Equity rises from €130k to €158k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 21.62
Current ratio from 10.33 to 21.62; short-term debt falls from €10k to €6k.
31-12
Financial
Equity above €100kEq €137k ▲37.6%
4 profitable years in a row build equity to €137k.
06-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 37 days late
2020
31-12
Financial
Liquidity quadruplescurrent ratio 10.33
Current ratio from 2.87 to 10.33; short-term debt falls from €30k to €10k.
04-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 35 days late
2019
31-12
Financial
Highest result since 2018net €55k ▲34.6%
Operating result €69k, net result €55k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.87
Current ratio from 1.39 to 2.87; short-term debt falls from €72k to €30k.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zoersel · 1 establishment unit since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bethaniënlei 492980 ZoerselGround area
1,059 m²
Building footprint
175 m²
Volume, LiDAR
980 m³
Parcel 11453I0149/00F002, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
QI SOFTWORKS
since 20092.179.769.746
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11453I0149/00F002 | Flanders | 1,059 m² | 1 · 175 m² | 10.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,508 companies in sector 71121 we hold annual accounts for 6,527. 5,181 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-07-2009
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.